CTERA was founded in 2008 by Liran Eshel and Zohar Kaufman. The company raised a $9 million Series A funding round in January 2009 led by Benchmark Capital. In March 2012, CTERA raised an $11 million funding round lead by Venrock and included a strategic investment from Cisco Systems and participation of prior investor Benchmark Capital, which raised approximately $15 million. In July 2014, CTERA raised $25 million in a Series C funding round led by Bessemer Venture Partners with participation from Benchmark Capital, Cisco and Venrock. In September 2016, CTERA announced an additional $25 million funding round led by Bessemer Venture Partners with participation from Cisco and new investor Vintage Investment Partners. The investment was considered to be part of the earlier Series C funding round that consisted of $25 million in July 2014. As of 2016, CTERA has raised $70 million in funding. Gartner named CTERA one of five Cool Venders in Storage Technologies in 2013. Gartner included CTERA in its 2015 Critical Capabilities for Enterprise Endpoint Backup and the Magic Quadrant for Enterprise File Synchronization and Sharing. CTERA was included on the Deloitte Fast 500 list in technology in 2015. CTERA was mentioned in Gartner's 2016 Magic Quadrant for Data Center Backup and Recovery Software. In June 2016, CTERA earned a contract to provide a private cloud file sharing solution to the United StatesDepartment of Defense. As part of the agreement, CTERA and DISA co-developed a mutual authentication technology using government-issued smart cards for additional layers of protection beyond the standard enterprise integration with Microsoft Active Directory servers.
Products
In 2009, CTERA released its first cloud storage gateway, the C200. The gateway combined the speed of local network storage with off-site cloud storage and backup technology. In 2010, CTERA released the C400 cloud storage gateway which added features for office server backup and recovery and collaboration capability for multiple users working on files stored in the cloud or on the gateway. In 2011, the C800 gateway was released with 24 TB of raw local storage. In 2016, CTERA announced a virtual cloud storage gateway that can be deployed from VMware or KVM servers that enabled customers to use existing hardware. CTERA released updates to its cloud storage gateway portfolio in April 2016 focused on efficiency and storage capacity. CTERA released Enterprise File Sync and Share in 2012, which enabled users to access, share and collaborate on files from any location by storing files either locally or on the cloud. Also in 2012, CTERA launched a mobile app which made it possible to access files and backups on iOS and Android devices. In December 2015, CTERA announced Cloud Server Data Protection, its storage-as-a-service server data protection software for enterprise CloudOps. Cloud Server Data Protection protects server data on a private or virtual private cloud using backup agents for Windows and Linux environments and object storage services through cloud platforms such as Amazon Web Services, Microsoft Azure, IBM Cloud and OpenStack-based clouds.
